Bitwise Files for NEAR ETF with US SEC
- Bitwise has filed an S-1 form with the US SEC to offer a NEAR ETF.
- The proposed fund will track the Near Protocol price, providing exposure to institutional investors.
- Bitwise has also filed for Solana, XRP, Dogecoin, and Aptos ETFs.
- The SEC has delayed decisions on all crypto ETFs, including Canary Capital’s Litecoin ETF.
- Near Protocol’s price is stabilizing above $1.75, with potential resistance at $3.70 and support around $2.65.
Bitwise’s filing for a NEAR ETF aims to provide institutional investors access to the Near Protocol altcoin, amid ongoing delays by the SEC in approving crypto ETFs.
Source (2.6)https://coingape.com/bitwise-files-s-1-for-near-etf-with-us-sec/?rand=24432